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PENSION FUNDS IN INFRASTRUCTURE GROWS BY 48.1% TO N262.6BN

By Kikelomo Okere Nigeria’s pension funds are ramping up investment in infrastructure, with allocations jumping 48.1 percent year-on-year to ₦262.6 billion in the first ten...

CBN APPROVES $150,000 WEEKLY FX SALES TO BDCS

By Kikelomo Okere The Central Bank of Nigeria has reopened the foreign exchange window to Bureau De Change operators, approving up to $150,000 in weekly...

FG ASSURES TIMELY COMPLETION OF ₦75.47BN POTISKUM–JAKUSKO–GASHUA ROAD, COMMISSIONS PROJECTS IN YOBE

The Federal Government has assured residents of Yobe State that the ₦75.47 billion Potiskum–Jakusko–Gashua Road will be completed on schedule. The assurance was given during...

EU–NIGERIA ECONOMIC ZONES PARTNERSHIP: NEPZA URGES EU INVESTMENT IN NIGERIA’S SPECIAL ECONOMIC ZONES

The Nigeria Export Processing Zones Authority, NEPZA, is calling on the European Union to integrate Nigeria’s Special Economic Zones into European value chains to...

DANGOTE, KADCCIMA RALLY 10,000 BUSINESSES TO DRIVE LOCAL CONTENT AT 2026 KADUNA TRADE FAIR.

  Nigeria’s push for economic transformation through local manufacturing takes centre stage in Kaduna as Dangote Industries Limited partners the Kaduna Chamber of Commerce, Industry,...

DATA RECAPTURE GOES DIGITAL

Pension Fund Administrators have begun the rollout of PENCAP, a self-service data recapture platform for Retirement Savings Account holders. The exercise, which commenced on February...

PENCOM APPROVES 1,173% PENSION INCREASE FOR NSITF RETIREES, PAYS ₦8.70BN ARREARS

  The National Pension Commission, PenCom, has approved a historic upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund, NSITF,...

ASSOCIATION OF NGOS, CEOS IN NIGERIA READS RIOT ACT TO GRANT HANDLERS, SEEKS PAYMENT FOR SUBSCRIBERS

    The National President of Association of NGOs, CEOs in Nigeria, Amb. Dr. Paschal Anyanwu has called on grant handlers to get their documents and...

IBOM LNG SIGNS $700M FINANCING DEAL AT ABU DHABI SUSTAINABILITY WEEK

  Nigeria’s gas ambition received a major boost on the global stage as Ibom LNG & Logistics Base Limited and Securo Investment Group Limited sealed...

IBOM LNG SECURES $700M LNG FINANCING AT ADSW

  Ibom LNG & Logistics Base Limited has secured a $700 million financing deal with Securo Investment Group to develop a 100 Million Standard Cubic...

HERITAGE BANK LIQUIDATION: NDIC RECOVERS FRESH N24.3BN FOR DEPOSITORS

Efforts to cushion the impact of the Heritage Bank collapse have gained renewed momentum as the Nigeria Deposit Insurance Corporation (NDIC) recovers an additional...

DANGOTE CEMENT MAKING MEASURABLE IMPACTS IN BENUE HOST COMMUNITIES — FG

The Minister of Solid Minerals Development, Dr. Dele Alake, has said that Dangote Cement Plc is making measurable impacts in its Gboko Host Communities...

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NIGERIA OPEN TO MORE INVESTMENT IN OFFSHORE OIL AND GAS SECTOR

    The Minister of Interior, Dr. Olubunmi Tunji-Ojo, has boosted investor confidence in Nigeria, expressing optimism that reforms under President Tinubu’s Renewed Hope Agenda are...

PALM OIL RESET: FG TARGETS $500M SAVINGS FROM PALM OIL REVIVAL

Anietie Patrick Nigeria is moving to revive its struggling palm oil sector, with a bold target to save up to 500 million dollars annually from...

DANGOTE SPOTLIGHTS REFINERY, VISION 2030, OTHERS, AT NASARAWA TRADE FAIR

  Africa’s leading conglomerate will feature its flagship Dangote Refinery and Petrochemical Company at the 2026 Nasarawa Trade Fair, which will be officially declared open...

RESOLUTION OF FAILED BANKS: NDIC COMMENCES PROCESS TO CONCLUDE THE LIQUIDATION OF 89 MFBS & PMB

  The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage...